Jason Sudeikis is in final negotiations to join Zach Galifianakis, Owen Wilson and Kristen Wiig in Relativity’s Untitled Armored Car Project, which was formerly known as “Loomis Fargo,” TheWrap has learned.

Relativity will release the heist comedy on Aug. 14, 2015. The film is based on true events, and will start production this July.

Jared Hess (“Napoleon Dynamite”) will direct from a script by Chris Bowman and Hubbel Palmer, based on an original screenplay by Emily Spivey (“Saturday Night Live”).

Lorne Michaels, who worked with Sudeikis on “Saturday Night Live,” is producing the movie with John Goldwyn. Danny McBride, Jody Hill, Kevin Messick and Erin David will executive produce with Relativity CEO Ryan Kavanaugh and president Tucker Tooley. Relativity’s Brett Dahl will oversee the project for the studio.

This project reunites Tooley with Sudeikis, who recently starred in the Tooley-produced hit comedy “We’re the Millers.” “Jason Sudeikis helped make ‘We’re the Millers’ a tremendous success. I’m looking forward to working with him again, and we’re thrilled that he has joined our all-star comedic cast for ‘Untitled Armored Car Project,'” said Tooley.

Inspired by true events that occurred in 1997, the action-comedy follows David (Galifianakis), a disgruntled armored car driver who teams up with a pretty co-worker (Wiig) and a group of inexperienced criminals to steal nearly $20 million from a bank vault. The thieves leave a glaring trail of evidence in their wake as they go on excessive spending sprees and buy mansions, sports cars and boats. To make matters worse, the driver’s accomplices double-cross him and leave him alone on the run in Mexico while they live the good life off the loot back in the States. Now on the lam and in over his head, David must dodge the authorities and try to turn the tables on the ones he trusted most.